[ANN][ICO] SOMA - The Social Marketplace - page 91.

SEELE^^01

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Quote from: pynetx on November 08, 2017, 11:10:28 AM

So, SOMA has made partnership with Utrust which is a very good sign for both of the projects.
So, utrust will be the sole payment gateway for SOMA?

they only announced a partnership with soma, but there are no details out, how the partnership will look

probably utrust would be a payment gateway for somas project.

matjas

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Quote from: Jay2408 on November 08, 2017, 09:51:06 AM

Quote from: Yasemin on November 08, 2017, 09:25:52 AM

Quote from: Mystic90 on November 08, 2017, 03:40:20 AM

About the SOMA use of funds after ico:

35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward (We’ll reward the ambassadors and marketers of the community)

Why is there 20% needed for legal issues?

Its a good thing that they plan this ahead. It shows how professional the SOMA team works. Better be prepared when legal issues come on your path

These 20% include also patents, I think for their IIC. As far as I know the costs for international patents are very expensive, you have costs for application, search fee, yearly fees for maintaining the patent and maybe some more costs.

Its interesting to see how now we need to put more and more funds in marketing. With such huge competition going on, i am not surprised its on the top of your list.

pynetx

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So, SOMA has made partnership with Utrust which is a very good sign for both of the projects.
So, utrust will be the sole payment gateway for SOMA?

loup

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Quote from: sockpuppet1911 on November 08, 2017, 10:18:57 AM

Quote from: Jay2408 on November 08, 2017, 09:51:06 AM

Quote from: Yasemin on November 08, 2017, 09:25:52 AM

Quote from: Mystic90 on November 08, 2017, 03:40:20 AM

About the SOMA use of funds after ico:

35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward (We’ll reward the ambassadors and marketers of the community)

Why is there 20% needed for legal issues?

Its a good thing that they plan this ahead. It shows how professional the SOMA team works. Better be prepared when legal issues come on your path

These 20% include also patents, I think for their IIC. As far as I know the costs for international patents are very expensive, you have costs for application, search fee, yearly fees for maintaining the patent and maybe some more costs.

The budget sound good for me. The most expensive thing is marketing an its the place where a project has to invest most of his money to suceed.
Patents are always a good idea for innovating startups, but to my knowledge they will benefit more the people who applied for the patent then the startup investors.

Jay2408

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Quote from: Piggy on November 08, 2017, 10:22:33 AM

im not 100% sure, but i think that also accountability matters can enter in such legal category

Yes, thats possible, audits and such stuff might belong to this category, too.

Piggy

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im not 100% sure, but i think that also accountability matters can enter in such legal category

sockpuppet1911

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Quote from: Jay2408 on November 08, 2017, 09:51:06 AM

Quote from: Yasemin on November 08, 2017, 09:25:52 AM

Quote from: Mystic90 on November 08, 2017, 03:40:20 AM

About the SOMA use of funds after ico:

35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward (We’ll reward the ambassadors and marketers of the community)

Why is there 20% needed for legal issues?

Its a good thing that they plan this ahead. It shows how professional the SOMA team works. Better be prepared when legal issues come on your path

These 20% include also patents, I think for their IIC. As far as I know the costs for international patents are very expensive, you have costs for application, search fee, yearly fees for maintaining the patent and maybe some more costs.

Patents are always a good idea for innovating startups, but to my knowledge they will benefit more the people who applied for the patent then the startup investors.

Jay2408

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Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Yasemin on November 08, 2017, 09:25:52 AM

Quote from: Mystic90 on November 08, 2017, 03:40:20 AM

About the SOMA use of funds after ico:

35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward (We’ll reward the ambassadors and marketers of the community)

Why is there 20% needed for legal issues?

Its a good thing that they plan this ahead. It shows how professional the SOMA team works. Better be prepared when legal issues come on your path

These 20% include also patents, I think for their IIC. As far as I know the costs for international patents are very expensive, you have costs for application, search fee, yearly fees for maintaining the patent and maybe some more costs.

Virtuoso

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Quote from: Trrrt on November 08, 2017, 09:27:55 AM

Yes i think the fund allocation for soma is very good, very professional, with 20% in legal isssues, it’s really useful in case of some trouble with law of some countries.

I have to agree with you. The fund allocation for Soma is very good and was chosen wisely. It seems like the dev team is knowing what they are doing and what they need for a bright future.

Trrrt

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Yes i think the fund allocation for soma is very good, very professional, with 20% in legal isssues, it’s really useful in case of some trouble with law of some countries.

Yasemin

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Quote from: Mystic90 on November 08, 2017, 03:40:20 AM

About the SOMA use of funds after ico:

35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward (We’ll reward the ambassadors and marketers of the community)

Why is there 20% needed for legal issues?

Its a good thing that they plan this ahead. It shows how professional the SOMA team works. Better be prepared when legal issues come on your path

bitcoinbulk

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Activity: 280

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Quote from: Mystic90 on November 08, 2017, 03:40:20 AM

About the SOMA use of funds after ico:

35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward (We’ll reward the ambassadors and marketers of the community)

Why is there 20% needed for legal issues?

My guess is mainly to pay lawyers. Make sure they have all their ducks in a row for the business. The last thing you want is to the government to come after you for something stupid.

Sozialtourist

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Activity: 686

Merit: 101

Quote from: levyashin on November 08, 2017, 08:18:02 AM

Quote from: the_donald on November 08, 2017, 08:03:14 AM

Quote from: Sozialtourist on November 08, 2017, 07:52:31 AM

Quote from: fajarkus12 on November 08, 2017, 07:30:54 AM

Quote from: viljy on November 08, 2017, 07:18:43 AM

I think that by the end of the ICO will sell about 9 million tokens at best. Therefore, they must plan their development on the basis of this amount.

I think team know what must they do if get minimum fund. They will use that fund with efficiency for development which accordance with their roadmap and do the best for their investors

I am pretty sure they weren't expecting the tokens to get sold-out and already have a plan how to go on after the ICO. But the more money they can raise in the remaining time, the wider they can expand SOMA after the ICO.

they have said they will continue with what is raised. which is good, would've been a shame to have this die.

I nothing hate more than an ico i invested just pay back what i invest. It is very frustrating. I believe them and invested some so i hope they won't make me disappointed.

Yeah, it's always frustrating to see a project, that you believed in and invested in, fail because it's not reaching the soft-cap. But at least you get your money back!

But for Soma it would be weird when they suddenly would decide not to go on with the project because they said from the beginning that they don't have to set up a soft-cap.

belechau

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Activity: 686

Merit: 100

Quote from: fajarkus12 on November 08, 2017, 08:40:26 AM

Quote from: levyashin on November 08, 2017, 08:18:02 AM

Quote from: the_donald on November 08, 2017, 08:03:14 AM

Quote from: Sozialtourist on November 08, 2017, 07:52:31 AM

Quote from: fajarkus12 on November 08, 2017, 07:30:54 AM

Quote from: viljy on November 08, 2017, 07:18:43 AM

I think that by the end of the ICO will sell about 9 million tokens at best. Therefore, they must plan their development on the basis of this amount.

I think team know what must they do if get minimum fund. They will use that fund with efficiency for development which accordance with their roadmap and do the best for their investors

I am pretty sure they weren't expecting the tokens to get sold-out and already have a plan how to go on after the ICO. But the more money they can raise in the remaining time, the wider they can expand SOMA after the ICO.

they have said they will continue with what is raised. which is good, would've been a shame to have this die.

I nothing hate more than an ico i invested just pay back what i invest. It is very frustrating. I believe them and invested some so i hope they won't make me disappointed.

Maybe i can suggest to you to hold this coin for long term investment, because this project about social market and seem can growing rapidly but need time. So you must be patient if you want get more profit

Believe me, it would be disappointing to see an Ico take off after the project and have withdrawn or not joined with their investments, I lost enough money to recognize today a good opportunity, I believe even if Soma is one of them

levyashin

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Quote from: fajarkus12 on November 08, 2017, 08:40:26 AM

Quote from: levyashin on November 08, 2017, 08:18:02 AM

Quote from: the_donald on November 08, 2017, 08:03:14 AM

Quote from: Sozialtourist on November 08, 2017, 07:52:31 AM

Quote from: fajarkus12 on November 08, 2017, 07:30:54 AM

Quote from: viljy on November 08, 2017, 07:18:43 AM

I think that by the end of the ICO will sell about 9 million tokens at best. Therefore, they must plan their development on the basis of this amount.

I think team know what must they do if get minimum fund. They will use that fund with efficiency for development which accordance with their roadmap and do the best for their investors

I am pretty sure they weren't expecting the tokens to get sold-out and already have a plan how to go on after the ICO. But the more money they can raise in the remaining time, the wider they can expand SOMA after the ICO.

they have said they will continue with what is raised. which is good, would've been a shame to have this die.

I nothing hate more than an ico i invested just pay back what i invest. It is very frustrating. I believe them and invested some so i hope they won't make me disappointed.

Maybe i can suggest to you to hold this coin for long term investment, because this project about social market and seem can growing rapidly but need time. So you must be patient if you want get more profit

I agree with you, it is a good project in a growing market. I don't know what will be the price after ico, it is too unpredictable too many weak hands and bounty sellers but in long-term i believe it will bring me some profit.

fajarkus12

full member

Activity: 350

Merit: 100

Quote from: levyashin on November 08, 2017, 08:18:02 AM

Quote from: the_donald on November 08, 2017, 08:03:14 AM

Quote from: Sozialtourist on November 08, 2017, 07:52:31 AM

Quote from: fajarkus12 on November 08, 2017, 07:30:54 AM

Quote from: viljy on November 08, 2017, 07:18:43 AM

I think that by the end of the ICO will sell about 9 million tokens at best. Therefore, they must plan their development on the basis of this amount.

I think team know what must they do if get minimum fund. They will use that fund with efficiency for development which accordance with their roadmap and do the best for their investors

I am pretty sure they weren't expecting the tokens to get sold-out and already have a plan how to go on after the ICO. But the more money they can raise in the remaining time, the wider they can expand SOMA after the ICO.

they have said they will continue with what is raised. which is good, would've been a shame to have this die.

I nothing hate more than an ico i invested just pay back what i invest. It is very frustrating. I believe them and invested some so i hope they won't make me disappointed.

Maybe i can suggest to you to hold this coin for long term investment, because this project about social market and seem can growing rapidly but need time. So you must be patient if you want get more profit

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: the_donald on November 08, 2017, 08:03:14 AM

Quote from: Sozialtourist on November 08, 2017, 07:52:31 AM

Quote from: fajarkus12 on November 08, 2017, 07:30:54 AM

Quote from: viljy on November 08, 2017, 07:18:43 AM

I think that by the end of the ICO will sell about 9 million tokens at best. Therefore, they must plan their development on the basis of this amount.

I think team know what must they do if get minimum fund. They will use that fund with efficiency for development which accordance with their roadmap and do the best for their investors

I am pretty sure they weren't expecting the tokens to get sold-out and already have a plan how to go on after the ICO. But the more money they can raise in the remaining time, the wider they can expand SOMA after the ICO.

they have said they will continue with what is raised. which is good, would've been a shame to have this die.

I nothing hate more than an ico i invested just pay back what i invest. It is very frustrating. I believe them and invested some so i hope they won't make me disappointed.

tiger5056

hero member

Activity: 686

Merit: 500

would be nice if they raise funds as planned to develop full project. Lets hope speed up ICO investments after fork. SOMA has great potential and hoping for best

the_donald

full member

Activity: 588

Merit: 100

Quote from: Sozialtourist on November 08, 2017, 07:52:31 AM

Quote from: fajarkus12 on November 08, 2017, 07:30:54 AM

Quote from: viljy on November 08, 2017, 07:18:43 AM

I think that by the end of the ICO will sell about 9 million tokens at best. Therefore, they must plan their development on the basis of this amount.

I think team know what must they do if get minimum fund. They will use that fund with efficiency for development which accordance with their roadmap and do the best for their investors

I am pretty sure they weren't expecting the tokens to get sold-out and already have a plan how to go on after the ICO. But the more money they can raise in the remaining time, the wider they can expand SOMA after the ICO.

they have said they will continue with what is raised. which is good, would've been a shame to have this die.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: fajarkus12 on November 08, 2017, 07:30:54 AM

Quote from: viljy on November 08, 2017, 07:18:43 AM

I think that by the end of the ICO will sell about 9 million tokens at best. Therefore, they must plan their development on the basis of this amount.

I think team know what must they do if get minimum fund. They will use that fund with efficiency for development which accordance with their roadmap and do the best for their investors

I am pretty sure they weren't expecting the tokens to get sold-out and already have a plan how to go on after the ICO. But the more money they can raise in the remaining time, the wider they can expand SOMA after the ICO.

Topic: [ANN][ICO] SOMA - The Social Marketplace - page 91. (Read 92794 times)